operations Study Guide
Study Guide -- MGT201 -- Second Exam
Lean Systems
1. In the Just-In-Time framework, waste is anything that does not add value.
a. True b. False
2. Just-In-Time is a philosophy that works well with continuous improvement philosophies.
a. True b. False
3. Frequent deliveries of small quantities are a characteristic of JIT partnerships.
a. True b. False
4. Just-In-Time inventory is a zero inventory system.
a. True b. False
5. Hidden problems are generally uncovered during the process of reducing inventory.
a. True b. False
6. Reducing lot size is of little help in reducing inventory costs.
a. True b. False
7. In the quest for competitive advantage, which of the following is a JIT requirement?
a. reduced number of vendors
b. reduced space for inventory
c. quality by suppliers
d. small number of job classifications
e. all of the above are JIT requirements
8. A manufacturer took the following steps to reduce inventory. Which one is NOT a JIT action?
a. they used a pull system to move inventory
b. they produced in ever smaller lots
c. they required deliveries directly to the point of use
d. they picked the supplier that offered the lowest price based on quantity discounts
e. they worked to reduce their in-transit inventory
9. Which of the following is NOT a goal of JIT partnerships?
a. elimination of unnecessary activities
b. elimination of in-plant inventories
c. elimination of in-transit inventories
d. elimination of engineering changes
e. all of the above are goals of JIT partnerships
10. Reduction of in-transit inventory can be encouraged through the use of:
a. low set-up costs
b. low carrying costs
c. supplier location near plants
d. use of trains, not trucks
e. low-cost, global suppliers
11. Which of the following is not an element of JIT?
a. Flexible resources
b. Push production
c. Small lot sizes
d. Quick set-ups
e.
Lean Systems
1. In the Just-In-Time framework, waste is anything that does not add value.
a. True b. False
2. Just-In-Time is a philosophy that works well with continuous improvement philosophies.
a. True b. False
3. Frequent deliveries of small quantities are a characteristic of JIT partnerships.
a. True b. False
4. Just-In-Time inventory is a zero inventory system.
a. True b. False
5. Hidden problems are generally uncovered during the process of reducing inventory.
a. True b. False
6. Reducing lot size is of little help in reducing inventory costs.
a. True b. False
7. In the quest for competitive advantage, which of the following is a JIT requirement?
a. reduced number of vendors
b. reduced space for inventory
c. quality by suppliers
d. small number of job classifications
e. all of the above are JIT requirements
8. A manufacturer took the following steps to reduce inventory. Which one is NOT a JIT action?
a. they used a pull system to move inventory
b. they produced in ever smaller lots
c. they required deliveries directly to the point of use
d. they picked the supplier that offered the lowest price based on quantity discounts
e. they worked to reduce their in-transit inventory
9. Which of the following is NOT a goal of JIT partnerships?
a. elimination of unnecessary activities
b. elimination of in-plant inventories
c. elimination of in-transit inventories
d. elimination of engineering changes
e. all of the above are goals of JIT partnerships
10. Reduction of in-transit inventory can be encouraged through the use of:
a. low set-up costs
b. low carrying costs
c. supplier location near plants
d. use of trains, not trucks
e. low-cost, global suppliers
11. Which of the following is not an element of JIT?
a. Flexible resources
b. Push production
c. Small lot sizes
d. Quick set-ups
e.